World economyI look to it that the war affecting the economy of every country and with research about it , Al-Jazeera gave detail of how some countries is affected and if the war did not stop , more of the country will keep suffering. Russia is part of the biggest supplier in oil and the short suorpply is affecting the world. The war is affecting the europe countries hard because two countries in the war are two big supplies to europe. Russia cut supply of oil to euro and that affecting production, gas use. The Ukraine economy supply large amount of iron, steel, ore,stag and ash to the world and euro now in shortage include animal vegetable fats and oil to euro and the other countries.
This is hard time for economy to survive what is your thinking about the collapsing of world economy with highing inflation.
In my country, inflation is at a high level, especially affecting the prices of real estate, food, and fuel. It is very difficult for young people who want to afford property, they have to take out large loans and pay them off over 20 years. You have to work two jobs to afford a decent life. My opinion is that only a peace agreement between these two countries can recover the economy and reduce inflation, especially in Europe.
I really wonder if you are from my country because in my country, inflation is low on paper but the price of everything is going up, which is strange. Lots of American dollars get deposited in my country from foreign countries, mostly from migrants who work abroad and now mostly from lots of Russians and Ukrainians but prices still go up. Even more strange is that the rent price is out of the abnormal range too. It's impossible to pay rent with your work alone, you either eat food or pay the rent, that's the option. Local people can't afford that but it's also very strange that these Russians and Ukrainians pay these high rent prices when they can rent better apartments in ten times better countries and cities. Even if you work 2 jobs, you'll pay the rent and buy food but your life will be miserable, very terrible.